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Stripe's big changes, Brazil's newest fintech unicorn and the tale of a startup shutdown

TechCrunchTechCrunch · 6m
Stripe's big changes, Brazil's newest fintech unicorn and the tale of a startup shutdown

Stripe recently announced significant changes to its financial services stack, separating payments from other services and introducing new embedded finance features and AI tools. The fintech giant also revealed plans to allow customers to accept cryptocurrency payments, starting with USDC stablecoins. In other news, Brazil welcomed a new fintech unicorn, QI Tech, after securing additional funding. Bump, Fintoc, and Pomelo also raised funds for their respective platforms. However, some startups faced challenges, such as Fundid shutting down due to rising interest rates and Synapse filing for Chapter 11 bankruptcy. Overall, the fintech industry continues to see dynamic developments and investment.

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